AI brief of an SEC Form 8-K · Axil Brands, Inc. (AXIL)

AXIL Brands Q4 net revenue rises 48.9% to record $8.6 million; fiscal net income $2.7 million

Positive Impact 3 of 5 earnings Written later

AXIL Brands reported fourth-quarter and fiscal 2026 results for periods ended May 31, 2026. Q4 net revenues rose 48.9% to a record $8.6 million, and net income was $1.5 million, or $0.18 per diluted share, compared with a loss in the prior-year quarter. For the full year, net income was $2.7 million, or $0.33 per diluted share, versus $0.10 in fiscal 2025, and the company reported no outstanding borrowings as of May 31, 2026.

Key points

  • Q4 2026 net revenues were $8.6 million, up from $5.8 million a year earlier, driven mainly by sales to big box retail chains
  • Q4 2026 gross margin was 72.0%, up from 70.0%; net income was $1.5 million, or $0.18 per diluted share, versus a $0.04 per share loss
  • Fiscal 2026 net income was $2.7 million, or $0.33 per diluted share, compared with $0.10 per diluted share in fiscal 2025
  • Cash was $4.5 million as of May 31, 2026, versus $4.8 million a year earlier; the company received about $910,000 in IEEPA duty refunds after year end, to be recorded in fiscal 2027

The filing

CompanyAxil Brands, Inc. (AXIL)
Form8-K, current report
Filed with the SECAug 18, 2026, 4:15 PM ET
Accession number0001520138-26-000361

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 18, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.